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20121027
20121104
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Search Results 0 to 38 of about 39 (some duplicates have been removed)
it in a situation like this, jim. i'm happy to report there was not any indication of any calls last night that people were thinking about their own pnl or business model. trying to make a decision that was right for all of the market participants. we ended up doing that. my bias is to keep markets open but this is a pretty easy decision from our point of view in the end. it's not worth putting people in danger. it's no time to be a hero. it's silly. >> what happened where initially there was a take it would open? when we were at goldman in 1985, the issue is there's no internet or real connection. we didn't have these things. we have internet and people who say we don't even need new york city anymore. how about the out of town guys who thought this was a great chance to trump new york? >> again, we got none of that from the other venues that are located outside of manhattan. there was no talk about them staying open. it goes back to what bob said. if a couple of the major markets are closed, i think you're doing everyone else a disservice if just a few thinly traded venues which would ev
happened i was looking at jim cramer on twitter, immediately you have to sell out. you have to sell out. whatever apple says, you have to sell apple. these two people who are out been promoted, you have to sell apple. the psychology of apple has gone from being this is an up stock to being i have to get out, it's important to recognize that has been a psychological shift on the stock. >> we'll have much more on all these stories later on in the show. meantime, damage assessments continuing all up and down the northeast seaboard. to eric fisher who is in narragansett, rhode island. eric? >> reporter: cnbc says we're just coming -- forget cnbc. weather channel, what's up. >> that's live television for you. >> forget cnbc -- i often thought that was a neglect it tiff attitude. >> meantime, let's head over to lower manhattan by the new york stock exchange with the latest on the hurricane. scott? >> this is cnbc, right? >> yes. >> you're not allowed to say that. >> reporter: things are at least improving in terms of the weather conditions. we have had had had a couple of showers and the wind
, which leaves eaton. buy it even up here. i'm jim cramer. see you tomorrow. hey, larry, what are you looking at tonight? >> thanks, jimmy. superstorm sandy is winding down, but the effects linger. i'm larry kudlow, this is a special edition of "the kudlow report." sandy, the road to recovery. >> while sandy is almost gone, she's not forgotten, as the east coast starts the healing process. >> in sandy's wake, towns destroyed. homes under water. millions without power. but today, wall street is back to business, and the pivotal election is just days away. tonight, cnbc assesses the damage and looks ahead to rebuilding. sandy, road to recovery, a special edition of "the kudlow report." >>> here's what we know two days after the killer storm called sandy hit the northeast. u.s. death toll is now at least 64. a second new york city hospital, bellevue, has been evacuated because of power and flooding issues. >> lower manhattan still a crippled zone. the markets were able to open today, but there's still flooding damage down there and also very dark streets. >> so in the metropolitan area,
al. >>> welcome to "squawk on the street." >> we go straight to jim cramer with details. >> malawi is not going to retire. the board has said, we are committed to down lolly to at least 24.14. i don't think he's going anywhere. he's going to be promoted to chief operating officer. they have to rationalize europe, rationalize asia obviously and i think this is big news because i think a lot of people felt that allen had finished job one. >> i think that the key here is promoting the mark field, he or she is saying on the concern is that the likely successor would leave and find another success. it's important also to shareholders to -- >> this is one of those where obviously mark had a tremendous reputation with what he's done in north america. the man, he's now going to be in charge of lincoln. they're talking about a tremendous decline. they're talking about this cold war between japan and china. gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important
evacuated. jim axelrod has more from lower manhattan. >> reporter: good morning. new yorkers pride themselves on being intrepid. and right now we still have some people walking along the wall here in lower manhattan. in a couple of hours if they're here, we'll have to look for another adjective other than intrepid. the big worry here is that the surge of water could be as high as 11, 12 feet. that would get over the wall, into the subway systems and electrical systems, and that's what the big catastrophic worry is here in lower manhattan. the transit system shut down schools shut down. 375,000 people from the lowest lying areas in new york have been evacuated as the biggest city braces for the impacts of hurricane sandy. charlie? >> thank you. >> thank you. >>> meteorologist from cbs 4 has been watching sandy closely. jeff, this is getting scary based on reports you're pulling in. it sounds like this is getting worse. >> good morning, nor amp good morning, everyone. yeah. this storm is getting a little bit worse in the atlantic now. you see that the core of th
reproduction. it's about the economy, that it's about race. when we think about jim crow laws, it was all about not allowing people of two different races to reproduce. i hadn't quite put it all together until i heard you say that, so i don't want other folks to misses that. and yet surprisingly the gender gap is less extreme than i might think it would be given these circumstances. is it -- when i look at the numbers, it says to me, yes, there's a gender gap, but it's still being driven primarily by women of color and by young women. so what's going on not just with the extremes of the republican party, but with women who hear this and i'm like, yeah, i'm town with them. what is that some. >> the conventional wisdom is when the republicans say these extreme things, those women will be turned off and vote if democrats. i don't think that's necessarily the case. it's not that they don't reject what is being said, because they do. but at the same time sometimes if you're independent and you are dead on the in middle, it's because you're turned off by booth pa both party. so democrats have to reme
president next tuesday. >> i would add, right before we came on, i got a memo from jim messina the obama campaign manager essentially pushing back on the idea that pennsylvania is now a swing state. so to mark's point, the president himself might not be engaged and rightly so but his campaign is still active. this is not 16 days it's six days. >> the romney campaign put out a memo about pennsylvania. >> absolutely. >> let me ask mark akbout pennsylvania. i was there last week. the republicans saying we can do this, we can win pennsylvania, democrats saying it's not even in play. what is your assessment? >> well the obama campaign needs pennsylvania to win. the romney campaign doesn't. i don't think they would be wasting the money in pennsylvania on the republican side if they thought they had no chance or at least a chance to distract the democrats. if the romney campaign went on the air in new york, i don't think the obama campaign would feel compelled to match the dollars there. if the obama campaign went on the air in texas tv i don't think the romney campaign would feel the need to g
julian and i heard at one point from former secretary of state jim baker, who worked for ronald reagan. ronald reagan came into office and baker i believe at that point was his chief of staff, he organized a meeting on foreign policy, and other items. after the meeting, ronald reagan turned to him and said, for the next 100 days of my presidency, that will be the last meeting we have on that. all we're going to focus on is the recovery and this economy. that's clearly what this president did not do. >> julian, there are people like roger altman they think no matter who is elected we'll be looking at a better economy in the next four years. you sound like you're more in that camp but i don't want to put words in your mouth. >> well, i think mitt romney is uniquely qualified to lead us through that, and i think president obama will do a better job than he's done so far, but he really hasn't had the training, i mean, and he has never been successful in getting really much accomplished, and i really believe mitt romney would be much better on that i think he's the man for this job right no
long sinus and headache relief. >>> the search for victims goes on. cnn's jim clancy is searching with u.s. national guard troops. >> reporter: a sometimes forceful systematic search for survivors. >> every time we clear the street -- >> reporter: dozens of members of the u.s. army and air force national guard joined members of the ocean county's prosecutor office to probe seemingly abandoned homes on long beach island's community. in distressed situation they forcibly opened homes to call out for survivors. the prosecutors are on hand because they have jurisdiction if any bodies are uncovered. but in most cases it was a straightforward call to ask if anyone was inside. >> national guard. this part of the mission is search and rescue. pretty much nobody has been here. so we've been trying to see if any residents that have stayed over during the hurricane survived. that's basically what we're looking for here, any survivors. >> reporter: homes already ripped open by superstorm sandy were searched inside and out while these guard teams from new jersey kept a sharp look out for signs
president obama and opponent jim mccain say? we need to raise taxes. that's the right reaction because that would mean fewer jobs. and i want to be real clear. the 200,000 men and women in virge whose jobs are at risk who serve in our armed forces should never be used as a political bargaining chip to race taxes on small business owners. [applause] >> the best way to raise revenues is with a fliving economy where businesses are prossspering and people are getting pay checks not youring about extension of unemployment benefits. so folks there is a lot at stake five days from now. november 6 it is our generation's ran day view with dest any. i believe that the people of virginia here in the richmond area, the central virginia area, especially since we're here at doswell farms where the greatest history resource in all was born. we want to be like secretary i can't and you all are going to lead the way for a triple crown victory where we re-elect our leader eric cantor for a representative. [applause] where with our win in the u.s. senate we change the leadership in the united states sena
is the new direction? one prominent local citizen isn't tipping his hand. we met green bay mayor jim schmitt at a.l.s. hamburger shop. i noticed you're not endorsing either candidate. why's that? >> no. you what... what? look, i'm the mayor. i know who i want to be mayor, but when it comes to... >> reporter: you feel good about that one! >> i feel pretty good about that endorsement. >> reporter: mayor schmitt may be the smartest politician around. with a constituency fiercely divided and independent, he directed us to his own house a few blocks away. there we found one sign for a democratic state assembly candidate and another for a republican running for the state senate. >> ifill: president obama and mitt romney rescheduled their wisconsin events for later this week. want to examine the fallout no matter who wins? you can explore every electoral college scenario in our vote 2012 map center. >> woodruff: is an alert from a drug-sniffing dog enough to justify police searching a home or a car? that's the question the supreme court explored today in two cases. marcia coyle of the "national law
. joining me now with the raw politics, chief white house correspondent, jessica yellin, and jim acosta and correspondent john king. >> the storm has been a real curveball for candidates. how has mitt romney been handling transitioning back to regular campaign mode? does he feel that it may have stopped his momentum? >> what we saw earlier from mitt romney, he went back on offense. after dialing back his criticism of president obama in the immediate aftermath of superstorm sandy, he went on the attack. he ridiculed the idea for the secretary and he unleashed this ad. a spanish language tv ad that linked president obama to hugo chavez and the castro family. i think the romney campaign at this point, they're not really staying one way or the other whether or not the campaign has been damaged to some sentence by what happened with hurricane sandy but i think the, getting back on offense does reflect the fact that they feel like they'd better get this momentum back on their side. clearly it has been affected. >> and president obama has obviously been in full presidential mode. he took a bre
until election day. republican congresswoman michelle bachmann and jim graves finally facing off in their first debate and the candidates did not waste time getting in each other's faces. >> jim gray's ad about 50% to your tax bill, that's about what you'd be looking at. >> again, michelle doesn't say what she's for. she says what she's against. >> steve: congresswoman bachman is seeking her fourth term in the house of representatives. >> gretchen: everyone knows his name. ♪ -- lollipop. >> how does the song end? >> i don't know. it keeps going 'til one of us drops. ♪ . >> gretchen: sad news this morning, george went has been hospitalized after having chest pains. norm was supposed to play oscar madison in a chicago production of "the odd couple," but dropped out, but is expected to make a full recovery. >> eric: can you imagine the border patrol agent's reaction when they came across this? two would be smugglers attempt to go get into arizona in a road block, their jeep propped up on a makeshift ramp on this fence. it didn't get far u about the suspects did. they quickly esc
-energize the electricity lines. john. >> jim, we're still talking about evacuations in some cases and cleanup, what's the status of those? >> reporter: they are ongoing. there are still people that have not been evacuated and people are working in order to do that i talked with one young man yesterday who had just gotten out. let me tell you, some of the people coming out are very contrite having heard what governor christie said how they put other lives at risk. listen to this. >> i stayed in the house because i thought that, you know, it would probably be like last year, really nothing but i was wrong because as the storm got worse and i stayed in the house, i realized that i probably made a mistake. >> seaside heights is where he was from, one of the last evacuated there late afternoon and talked to him in an evacuation center. they thought they could stick it out and admit now they were wrong. >> jim in belmar, new jersey. still such a difficult situation for so many along the jersey shore. >> so sad, isn't it? >>> we have stunning images to show you out of connecticut. cnn ireporter george due
way about going it. jim cramer said there's so much negativity even if cook promoted these guys you'd probably see the stock trade down. >> apparently ives and forstall would not sit in the same meeting room together. >> that's an issue. >> according to a story i saw in the "new york times" this morning he had been asked to sign the original letter that tim cook signed apologizing to everybody over maps and he refused to sign it and said this was, i don't want to say a temp nest a teapot but that was jamie dimon's issue but not worth apologizing for and now he doesn't have a job so he may wish he apologized. >>> we'll get the latest reading on home prices with the ca case-shiller report out at 9:00 a.m. eastern. the house postponed the release of the consumer confidence report until thursday. >>> ford released profits, ten cents above consensus. it reported record north american results with highest ever profits in that region. >>> we continue our coverage of hurricane sandy, and its effects on the markets. the weather channel's jen carfagno joins with us the storm's latest track. j
, and jim loda and his team has done magnificent service, and we thank them all very much. new yorkers have been great through this. we're going to need some patience and tolerance. traffic is very difficult for two reasons. we still have some pass that is are closed. we found tunnels still closed, et cetera. there's a high volume of traffic in the city itself. many of the traffic lights are still out, so there's a certain amount of confusion at the intersections in terms of power, restoration. we are working very hard, and that's a situation that will be developing on a day to day basis. conedison has been giving updates to the westchester companies on long island where we have probably the greatest challenge from a power point of view. we have at the new york state power authority, that is the upstate utility workers through the down state area. to help out may not, the island, and westchester. as of now we have 1,800 utility workers that are coming into the down state area as we speak. primarily from upstate new york coming to help their neighbors in down state new york, so we applaud th
, republican 51 percent . jim graves 45 percent. and so that's outside of the margin of error . they had a recent debate i believe. did they not? >> they did. liberal media puts up the liberal e polls. michele has had a target on her back from the liberal media since she first went to congress. >> gretchen: thank you for getting up early. >>. >> gretchen: our veterans ripped off on car insurance, should they be charged more because they were not covered at war? sandy strike on new york city, you don't want to miss it. right after this. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ me it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. i >> steve: the afghan military will not be able to operate on its own after the american troops with draw. that is a report by the new inspe
some tweaks. this is jim. because the probability of loss is so high, private insurers won't underwrite. larry says it is silly to say the private insurance companies aren't capable of offering flood insurance. you can ensure anything for a price. eric says government insurance is in direct competition with u.s. businesses. government has no business being in the spirit >> host: the tweet is that the private insurance market can ensure anything given the right price, i think that's accurate. the private market can certainly insure something. it just depends upon the price. i suspect the private market back in the 1960s decided they needed to charge exceptionally high prices because the risk of flooding was really, really high and the prices they needed to charge were so high that they would price the consumers out of purchasing the program. and so, i mention this earlier, but there is a fine line of charging the right price, but yet not pricing yourself out of the consumer market. the flood risk unfortunately, you mentioned the storms and all of them being since 2000. you know, the list
the chairman wants. so if we get a new chairman, they're going to -- >> we have to go with breaking news, jim. sorry. thanks for being here. what's the breaking news? >> wayne angel, man, that takes me back. a few moments ago the homeland security secretary issuing a waiver of the jones act which means additional oil tankers will have access to ports in the northeast. it's a big deal, crude is moving. our sharon epperson has reaction. sharon? >> it's all traders are buzzing about. it's a huge story for the energy markets. we've seen an immediate reaction. oil prices falling here by about $2. $85.19 was the low of the session. big drops, 2% or so, in gasoline and in heating oil as well. this certainly alleviates the bottle neck issue that is have been happening around the new york, new jersey area and this is something that is very rare for this to occur, but this situation is as dire as it is and the need for supplies in the northeast is as dire as it is. the reaction immediate in the energy markets. we've even seen crude prices down about $1 or so. but the biggest reaction definitely in the
the destruction that is there now. we asked any question on twitter @bpshow, should it come on. jim says it will bring additional at attention to the needs of all of the citizens. perhaps giving money to the red cross. john henry says i would rather see the national guard there than marathoners. kim said i just saw there was a bunch of generators waiting to fire up for the marathon. and then dick cheeseburger said it is dumb to hold the marathon amid this destruction. >> bill: if there's image of marathoners running by like breezy point long island where they lost 110 or 111 homes -- >> and it starts in statton island. >> they postponed halloween in new jersey. the president canceled halloween at the white house. at the very least there will be political repercussions to consider, right? >> bill: for bloomberg. >> the first picture of a runner in $300 running shoes, and an expensive outfit running by a destroyed house, forget it. >> but there may be -- in real times, not that much of a down side of it but perception matters too. and it's hard. >> bill: margaret i do
Search Results 0 to 38 of about 39 (some duplicates have been removed)